RIOT worked 6.5% retracing up today, which may be considered as wave x upward.There are differing formations that an entire correction may develop.
So, the short-term bearish case remains intact. And a decline of 20% is expected to follow soon.
The first Fib-retracement target >> 7.68
The next target >> 7.30
#CryptoStocks #RIOT #BTCMining #Bitcoin #BTC
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.